Gold: Yellow metal prices improved following Ben Bernanke comments, trading lower this morning

Posted on February 27, 2013 by GCI Financial

  Gold prices traded higher by 1.31% against the USD in the 24 hour period ending 23:00GMT, at 1613.74 per ounce, as the safe haven metal’s appeal increased after the Federal Reserve Chairman, Ben Bernanke downplayed the possibility of inflationary … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Oil fell as weak Chinese PMI raised demand concerns; trading higher this morning

Posted on February 26, 2013 by GCI Financial

  Crude Oil prices declined 1.08% against the USD for the 24 hour period ending 23:00GMT, closing at 92.14, as a slowdown in Chinese manufacturing activity raised concerns over oil demand. In the Asian session, at GMT0400, Crude Oil is … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Silver trading higher this morning

Posted on February 26, 2013 by GCI Financial

  Silver rose 0.17% to the USD28.74 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 29.00, 0.10% higher from yesterday’s close. Silver is expected to find support at 28.75, and … Continue reading →

Posted in Silver | Leave a comment

Gold: Yellow metal trading higher in the Asian session ahead of Fed Chairman’s testimony

Posted on February 26, 2013 by GCI Financial

  Gold prices traded 0.76% higher against the USD in the 24 hour period ending 23:00GMT, at 1592.85 per ounce. In the Asian session, at GMT0400, Gold is trading at 1593.10, 0.74% higher from yesterday’s close, ahead of the US … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Oil prices buoyed by encouraging German business optimism data; trading lower this morning

Posted on February 25, 2013 by GCI Financial

  On Friday, Crude Oil prices advanced marginally against the USD for the 24 hour period ending 24:00GMT, closing at 93.13, as investor sentiment was lifted after German business optimism rose sharply in February, raising hopes that the country would … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: White metal trading above in the Asian session

Posted on February 25, 2013 by GCI Financial

  On Friday, Silver prices rose 0.18% to the USD28.74 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0400, Silver is trading at 28.81, 0.24% higher from Friday’s close. Silver is expected to find support … Continue reading →

Posted in Silver | Leave a comment

Gold: Yellow metal trading above its MA’s

Posted on February 25, 2013 by GCI Financial

  On Friday Gold prices traded higher by 0.26% against the USD in the 24 hour period ending 24:00GMT, at 1581.40 per ounce. In the Asian session, at GMT0400, Gold is trading at 1583.20, 0.11% higher from Friday’s close. Gold … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Oil pressured on surging inventories, weak European economic data; trading higher this morning

Posted on February 22, 2013 by GCI Financial

  Crude Oil prices declined 1.87% against the USD for the 24 hour period ending 23:00GMT, closing at 93.06, after the EIA reported a larger-than-expected rise in crude stock piles, while the Euro-zone’s economic data disappointed investors. Yesterday, the Energy … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: White metal continues to trade higher in the Asian session

Posted on February 22, 2013 by GCI Financial

  Silver prices rose 0.20% to the USD28.69 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 28.86, 0.62% higher from yesterday’s close. Silver is expected to find support at 28.49, … Continue reading →

Posted in Silver | Leave a comment

Gold: Precious metal advanced amid weak US economic data

Posted on February 22, 2013 by GCI Financial

  Gold prices traded higher by 0.61% against the USD in the 24 hour period ending 23:00GMT, at 1577.30 per ounce, recovering from recent lows on fresh buying. Meanwhile, yesterday’s economic data on employment, manufacturing and consumer prices pointed to … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Oil prices plunge on rising stockpiles in the US and easing supply concerns from Middle East

Posted on February 21, 2013 by GCI Financial

  Crude Oil prices dropped 1.95% against the USD for the 24 hour period ending 23:00GMT, closing at 94.83, amid market rumours that a hedge fund was forced to liquidate substantial commodity positions. Meanwhile, expectations that Saudi Arabia intends to … Continue reading →

Posted in Crude Oil | Leave a comment